SUBSCRIBER NOTE: Platts proposes to publish WTI-Dubai swap spread at Houston close

S&P Global Platts proposes to publish WTI-Dubai frontline swap spread assessments at the Houston market close with effect from April 1, 2018. These assessments will complement existing Platts Houston crude swaps assessments.

With US crude exports to Asia continuing to rise, the relationship between the WTI and Dubai crude markets, and related grades, is more important than ever. The WTI-Dubai spread assessments will bring additional transparency to international arbitrage opportunities.

The new assessments would reflect the spread between the Dubai and WTI frontline swaps published at 2:30 pm EST for 36 months forward from the date of publication. Additionally, Platts will publish the spreads for 12 quarters and three years forward from the date of publication.

Platts would continue to publish the outright values for the Dubai and WTI frontline swaps.

Platts welcomes all feedback and questions on the proposed assessments through February 28, 2018.

Please send all questions and feedback to americas_crude@spglobal.com and PriceGroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.